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Big banks to blame??

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Horton		#21 Posted : Thursday, June 23, 2011 2:19:01 PM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		Burning Spear wrote: its BBK,SCB and Citi Bank. indeed they should be shamed and probably their names to be revealed to the citizens.This would teach them a lesson. link tafadhali??
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KulaRaha		#22 Posted : Thursday, June 23, 2011 2:22:59 PM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		Nonsense! Sanction local banks for what? For selling dollars to offshore demand? The shilling is liberalized, that means anyone anywhere can trade freely in it! Its a case of the askari blaming the door after a robbery..."oh the door was open while I was asleep!" Business opportunities are like buses,there's always another one coming
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guru267		#23 Posted : Thursday, June 23, 2011 2:26:10 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		This is bullshit... CBK wishes to play the blame game and it is them who have failed to contol inflation.. Speculation is legal and they CANNOT touch these banks even if they tried Mark 12:29 Deuteronomy 4:16
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SAC Cohen		#24 Posted : Thursday, June 23, 2011 2:27:19 PM
Rank: Member Joined: 1/3/2011 Posts: 129 Location: Nairobi		i thought one would hoard to speculate?
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Cde Monomotapa		#25 Posted : Thursday, June 23, 2011 2:27:56 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		Horton wrote: Burning Spear wrote: its BBK,SCB and Citi Bank. indeed they should be shamed and probably their names to be revealed to the citizens.This would teach them a lesson. link tafadhali?? The press breifing is @3 p.m.
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Cde Monomotapa		#26 Posted : Thursday, June 23, 2011 2:35:07 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		We asked for CBK action..well after 3p.m we will all know. Just pray that u r not mentioned. Lol!
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Cde Monomotapa		#27 Posted : Thursday, June 23, 2011 2:37:15 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		Feels like high school all over again date with the discipline master...pad ur bottoms well people. Tadow!!
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hisah		#28 Posted : Thursday, June 23, 2011 2:38:02 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		And the pretext continues... The number of KES topics on Bloomberg since March 2011 says a lot... http://topics.bloomberg.com/currency-market/ $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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KulaRaha		#29 Posted : Thursday, June 23, 2011 2:40:58 PM
Rank: Elder Joined: 7/26/2007 Posts: 6,514		SAC Cohen wrote: i thought one would hoard to speculate? Yes, one hoards, but if one is hoarding in London or Dubai, what will CBK do about it? Business opportunities are like buses,there's always another one coming
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Cde Monomotapa		#30 Posted : Thursday, June 23, 2011 2:44:59 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		guru267 wrote: This is bullshit... CBK wishes to play the blame game and it is them who have failed to contol inflation.. Speculation is legal and they CANNOT touch these banks even if they tried The stability & intergrity of the banking system of any country is key. U of all people should know that instead of being oblivious of what happened abroad due to gross de-regulation of the financial sector. nkt!
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